Draft Parks and Playgrounds Asset Management Plan

Table of Contents
1.   Executive Summary................................................................................................................3
2.   Introduction .............................................................................................................................4
     2.1          Asset Management Plan Definition and Purpose .......................................................4
     2.2          Scope..........................................................................................................................4
     2.3          Parks and Playgrounds Asset Types ..........................................................................4
     2.4          Parks and Playgrounds Asset Management Objectives .............................................5
     2.5          Levels of Service.........................................................................................................5
     2.6          Legislative & Standards Requirements.......................................................................5
     2.7          Current Levels of Service............................................................................................6
     2.8          Measured Levels of Service........................................................................................6
     2.9          Future Levels of Service .............................................................................................7
     2.10         Hierarchy.....................................................................................................................7
     2.11         Maintenance and Operations Management Approach ...............................................8
3.   Future Demand........................................................................................................................9
     3.1          Demand Drivers ..........................................................................................................9
     3.2          Demand Impacts on Assets ........................................................................................9
     3.3          Climate Change Adaptation ......................................................................................10
4.   Lifecycle Management Plan .................................................................................................10
     4.1          Assets .......................................................................................................................10
     4.2          Asset Valuation .........................................................................................................10
     4.3          Asset Condition.........................................................................................................10
     4.4          Parks and Playgrounds Operations & Maintenance Plan .........................................13
     4.5          Asset Renewals ........................................................................................................14
     4.6          Capital Upgrades, Expansion and New Assets ........................................................15
     4.7          Capitalisation of Assets.............................................................................................16
     4.8          Disposal and Replacement of Assets .......................................................................16
5.   Risk Management .................................................................................................................17
     5.1          Critical Assets ...........................................................................................................17
     5.2          Risk Assessment ......................................................................................................17
6.   Financial Summary ...............................................................................................................18
     6.1          Financial Statements and Projections.......................................................................18
     6.2          Funding Strategies....................................................................................................18
     6.3          Budget Forecasts......................................................................................................18
7.   Plan Improvement and Monitoring......................................................................................20
     7.1          Status of Asset Management Practices ....................................................................20
     7.2          Improvement Program ..............................................................................................20
     7.3          Monitoring and Review Processes for the Asset Management Plan ........................21
     7.4          Asset Management Effectiveness.............................................................................21
8.   ANNEX A: Levels of Service ...............................................................................................22

Asset Management Plan: Parks and Playgrounds                                                                                            Page 1